JBL Options History — January 2019

In January 2019, JBL traded between $23.28 and $26.56. ATM implied volatility averaged 29.6%, placing in the 39.3% IV rank vs the trailing year. The 30-day expected move averaged 8.6%. IV traded below realized volatility by 7.7% (HV 20d: 37.2%). Max pain ranged from $23.00 to $26.00. Net GEX was positive for 13 of 21 trading days. Term structure was in contango for 11 of 21 days. Put/call ratio averaged 1.77.

Notable Days

  • 2019-01-14: Highest Volume — 4,011 contracts
  • 2019-01-11: Largest IV drop — 8.9% change
  • 2019-01-03: Highest IV Rank — 59.7%
  • 2019-01-03: Largest Expected Move — 10.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$24.92$23.28$26.56$24.70$26.56
Max Pain$23.48$23.00$26.00$25.00$26.00
ATM IV29.6%25.8%35.0%32.8%26.0%
Expected Move8.6%7.3%10.3%10.2%9.1%
HV 20d37.2%32.0%43.2%36.3%32.0%
HV 60d34.1%32.2%34.9%32.2%32.3%
IV Rank39.3%25.4%59.7%51.3%26.0%
IV Percentile53.4%28.6%82.1%75.0%29.8%
Term Structure0.0%-1.3%1.7%1.2%0.2%
VWIV30.4%25.8%35.1%35.1%34.4%
Skew 25d4.1%3.2%5.7%4.8%3.2%
Skew 10d10.1%3.9%16.0%10.5%4.8%
Call IV 25d27.6%23.9%33.2%30.2%23.9%
Put IV 25d31.6%27.1%37.9%35.0%27.1%
Bid-Ask Spread %21.2612.1349.6249.6216.01
Gamma HHI0.220.160.340.190.22
Net GEX32.1K-181.3K181.8K83.1K181.8K
Net DEX-7.8M-13.0M-1.5M-7.8M-13.0M
Net VEX-125.6K-132.7K-113.5K-124.9K-127.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.770.0714.980.730.39
Total Volume1,052.0951444,0115801,292
Total OI20,955.90517,72524,51821,79618,509

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2019-01-02$24.70$25.0032.8%10.2%36.3%51.3%35.1%4.8%1.2%83.1K-7.8M-124.9K0.7349.6233624413,6588,138
2019-01-03$23.28$25.0035.0%10.3%40.9%59.7%33.5%4.6%-0.9%-181.3K-1.5M-117.1K1.4819.1260689413,7618,259
2019-01-04$23.94$24.0032.9%9.2%42.3%51.9%31.3%4.3%-0.5%-43.7K-5.0M-121.3K1.1721.5374787413,9438,695
2019-01-07$24.13$24.0032.7%9.4%42.4%51.2%30.6%4.9%-0.5%-51.9K-5.7M-120.1K0.4524.62994513,6217,989
2019-01-08$23.43$24.0033.0%9.8%43.2%52.2%32.3%5.7%1.7%-163.9K-1.8M-113.5K0.1414.661,14816413,6907,990
2019-01-09$24.05$23.0031.3%8.9%42.7%45.8%31.3%4.3%-0.5%-4.4K-6.3M-121.3K0.1717.6698116214,5317,985
2019-01-10$24.37$23.0031.0%9.1%42.9%44.8%31.4%4.0%0.8%41.7K-7.6M-120.3K0.1742.261,07618614,3237,991
2019-01-11$24.61$23.0028.3%8.2%42.7%34.6%30.9%4.2%0.7%162.3K-9.2M-119.7K0.2825.4695026614,4427,986
2019-01-14$24.62$23.0029.5%8.4%40.8%39.0%28.6%4.5%0.4%31.0K-9.0M-118.2K14.9815.442513,76014,1086,572
2019-01-15$24.74$23.0029.1%8.3%39.6%37.6%29.2%4.6%0.0%-167.5K-6.0M-132.7K0.6247.2542526214,07010,107
2019-01-16$24.95$23.0028.7%8.2%38.9%36.2%31.2%4.5%-1.3%-102.9K-7.6M-132.1K0.1915.9180815514,08010,239
2019-01-17$24.95$23.0027.5%7.9%37.7%31.7%32.6%3.3%1.0%-51.2K-7.9M-131.7K0.2718.901,03527914,22710,243
2019-01-18$25.45$23.0028.1%8.1%32.8%34.1%28.9%3.6%-1.2%181.8K-10.7M-130.7K0.4012.1384834114,17410,344
2019-01-22$25.05$23.0029.5%8.3%33.3%39.0%30.4%3.3%0.5%56.3K-7.0M-130.0K0.9214.2020118410,6017,124
2019-01-23$24.97$23.0030.1%8.4%32.4%41.3%28.4%3.9%-0.9%41.2K-6.6M-129.8K1.3713.8521429410,7387,224
2019-01-24$25.54$23.0028.2%8.0%32.8%34.3%28.2%3.5%-0.0%110.0K-8.7M-129.5K0.9816.8324423810,7477,278
2019-01-25$25.88$23.0026.2%7.7%32.1%26.8%28.0%3.4%-0.8%118.4K-10.1M-131.0K0.9016.1830427510,8017,276
2019-01-28$25.72$23.0027.8%8.3%32.1%32.7%29.5%3.5%-0.0%120.5K-9.7M-129.6K11.2617.132730410,7577,174
2019-01-29$26.01$23.0027.2%7.6%32.1%30.5%26.5%3.9%0.1%132.2K-10.6M-129.8K0.0713.986144110,7707,467
2019-01-30$26.27$23.0025.8%7.3%32.0%25.4%25.8%3.4%0.2%180.2K-11.9M-128.0K0.3113.7870321710,9557,487
2019-01-31$26.56$26.0026.0%9.1%32.0%26.0%34.4%3.2%0.2%181.8K-13.0M-127.2K0.3916.0193036211,0057,504